Global Green Chemicals Public Company Limited, or GGC, reported first-half 2026 operating results with a profit of 448 million baht, supported by government policy that adjusted the biodiesel blending ratio from B5 to B7 effective 14 March 2026. This drove domestic demand for methyl ester, or B100, up by 28% in the second quarter. The methyl ester business saw higher sales revenue on recovering demand, while the fatty alcohol business continued to improve production efficiency by changing catalysts to increase capacity and reduce maintenance downtime. As for financial position, as of 30 June 2026, the company had total assets of 11.086 billion baht, up 7% from the end of 2025, and held cash, cash equivalents, and short-term investments totaling over 2.332 billion baht, reflecting strong liquidity and readiness to support new investments in the future.
Global Green Chemicals Public Company LimitedGovernment policy raising biodiesel blend ratio to B7 boosted B100 demand by 28%, driving higher sales revenue for GGC's methyl ester business.
